Auto Warranty Companies Fight For Your Business
extended car warranty - The world of auto warranty companies is really a fiercely competitive one. You can find a limited number of cars on the streets - granted, there are millions of them, and every one of them, at one point or still, has or experienced a warranty - though with the large number of companies fighting for your business of those drivers, it indicates that every car owner is the target of some very hungry sales reps.
This is definitely a daunting position to stay in to get a car owner. Whether you are investing in a new car from a dealership, or investing in a second hand car, you will see people trying to sell you their warranty services.
Within the dealership, you might come across a pushy sales representative who can try everything they are able to to help you get to sign on for an extended warranty when you help make your initial purchase. You can find benefits to buying during that time, including having the costs from the warranty rolled up to the financing for the car, and realizing that your dealership will continue to be the area to possess any repairs or replacements done. But these comforts might end up costing you hundreds or lots of money over time. Sales representatives make large commissions on warranties, so they're eager to get you to enroll in one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, as opposed to adding a tiny number in your monthly car payment bills. But it would likely help you save money.
But as not every car sales person has gone out to rip you off, its not all third-party providers are great guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to get you being a client, so use that in your favor. Compare prices, take a look at all the terms of the warranties offered, and tell the businesses you speak with “hey, make me the best offer.” If they can't, someone else will.